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PICCADILY AGRO INDUSTRIES LTD. Q3 FY26 Results

PICCADILQ3 FY26 Results
Filing
MetricValue (₹ Cr)Q2 FY26Q3 FY25
Revenue313.8034.9%52.5%
Total Income315.2334.5%51.3%
Expenditure247.7324.4%43.9%
PBT67.5092.1%86.7%
Net Profit47.6978.5%92.5%
OPM24.79%4.87pp15.36pp
NPM15.13%3.73pp3.37pp
EPS4.8376.3%83.7%
View full financials

Piccadily Agro Industries Ltd Q3 FY26 Result: PAT Jumps 92% on Strong Distillery Growth

21 Jan 2026 · 21 Jan, 2:01 pm

Summary

Piccadily Agro Industries Ltd, India’s fastest-growing premium alco-bev manufacturer, delivered a standout Q3 FY26, powered by surging demand for its single malt and premium portfolio. The distillery segment remained the key growth driver, contributing 91% of total revenue with 54.9% YoY growth. The company reported a 52.5% YoY increase in revenue, a 56.7% YoY increase in EBITDA, an 85.3% YoY rise in PBT, a 92.2% YoY jump in PAT, and a 26% rise in Net Profit Margin.

Key Highlights

  1. 1

    Revenue from Operations stood at 313.80 crore, registering a robust 52.5% growth

  2. 2

    EBITDA increased to 379.70 crore, from 50.87 crore, up 56.7% YoY

  3. 3

    Profit Before Tax (PBT) rose sharply by 85.3% YoY to 368.03 crore

  4. 4

    Profit After Tax (PAT) nearly doubled to 348.14 crore, a 92.2% YoY increase

  5. 5

    Net Profit Margin grew from 12.18 % to 15.3%, a 26% rise

  6. 6

    Earnings Per Share (EPS) climbed to %4.89, up 83.8% YoY

  7. 7

    Distillery segment remained the key growth driver, contributing 3284.97 crore, accounting for 91% of total revenue, with 54.9% YoY growth

  8. 8

    Revenue of %775.50 crore, up 26.2% YoY

  9. 9

    PBT of 3129.00 crore, up 43.6% YoY

  10. 10

    PAT of %93.65 crore, up 45.7% YoY

Management Comments

N

Natwar Aggarwal

Chief Financial Officer, Piccadily Agro Industries Limited

Our Q3 FY26 result shows the strength of our brand-led strategy and disciplined execution. With revenue growth of over 52% and PAT growth of more than 92% year-on-year, we are seeing the benefits of premiumization and scale in our distillery business. As new capacities come on stream and our aged inventory matures, we remain confident of delivering 3-4X growth over the next three to five years while building Indri into one of the world’s leading single malt whisky brands.”

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